AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
Stock market
Gap Q2 earnings: ‘the new CEO has a lot of work to do’
August 25, 2023 09:09 AM AEST| By InvezzGap Inc (NYSE: GPS) inched up in extended hours even though the retailer came in shy of sales estimates in its fiscal second quarter. Morningstar analyst reacts to Gap’s earnings The clothing and accessories company has been taking measures to...
Antofagasta raises dividend after reporting a strong first half
August 11, 2023 08:27 AM AEST| By InvezzAntofagasta plc (LON: ANTO) ended in the red today even though it reported a year-on-year increase in its profit in the first six months of this year. Antofagasta reiterated its production guidance The share price weakness was particularly interestin...
Rivian raises production guidance: Greene still says it could ‘run into a wall’
August 09, 2023 07:29 AM AEST| By InvezzRivian Automotive Inc (NASDAQ: RIVN) lost more-than-expected on a per-share basis in its fiscal second quarter. Shares are trading slightly down in extended hours. Notable figures in Rivian’s Q2 earnings report Rivian Automotive Inc is committe...
UPS trims full-year guidance: ‘this is a beneficial outlook for FedEx’
August 09, 2023 02:49 AM AEST| By InvezzUnited Parcel Service Inc (NYSE: UPS) opened in the red today after reporting weaker-than-expected revenue for its fiscal second quarter. UPS stock down on lowered guidance Investors are disappointed because the management lowered its guidance for th...
Glencore loses about $1.78 billion in value after reporting H1 results
August 09, 2023 12:11 AM AEST| By InvezzGlencore PLC (LON: GLEN) says its profit declined in the first six months of this year as energy markets weakened and resulted in lower commodity prices. Glencore reports a 50% hit to adjusted EBITDA The multinational also blamed inflation and limite...
Lucid reiterates production guidance despite missing sales estimates in Q2
August 08, 2023 07:17 AM AEST| By InvezzShares of Lucid Group Inc (NASDAQ: LCID) are inching up in extended hours after the EV startup reported disappointing sales for its fiscal second quarter. Notable figures in Lucid’s Q2 earnings report Earlier today, Lucid lowered the price of i...
British recruiter PageGroup saw profit tank 45% in H1
August 07, 2023 11:46 PM AEST| By InvezzPageGroup PLC (LON: PAGE) says macroeconomic uncertainty resulted in a big hit to its profit in the first six months of the year. PageGroup revenue inched up in H1 The recruitment company ended H1 with £63.3 million ($80.7 million) in profit bef...
Nikola stock sinks 10% on three big announcements: find out more
August 05, 2023 04:29 AM AEST| By InvezzNikola Corp (NASDAQ: NKLA) – the American manufacturer of heavy-duty commercial electric vehicles made three big announcements on Friday. Its shares are down nearly 15% at writing. Nikola trims its future guidance The EV company now forecasts i...
Maersk records a 72% decline in Q2 profit: ‘we knew correction would come’
August 05, 2023 02:55 AM AEST| By InvezzMaersk (CPH: MAERSK-B) says lower freight rates resulted in a big decline in its second quarter earnings. Its shares are down 5.0% on Friday. Maersk reports a 40% decline in revenue The world’s 2nd largest shipping company reported $2.91 billio...
Fisker CEO says ‘we’re on a roll’ despite massively missing sales estimates in Q2
August 05, 2023 01:47 AM AEST| By InvezzFisker Inc (NYSE: FSR) lost roughly 8.0% this morning even though it reported a narrower-than-expected loss for its fiscal second quarter. Fisker stock down on trimmed guidance The sell-off is not unjustified, though, considering the EV startup disap...
Apple reports its third consecutive quarter of revenue decline – here’s how experts see it
August 04, 2023 07:45 AM AEST| By InvezzApple Inc (NASDAQ: AAPL) just reported its financial results for the third quarter that topped Street estimates. Shares up still trading down in extended hours. Services revenue stood out this quarter The tech behemoth attributed strength in i...
Rolls-Royce reports a five-fold increase in its H1 underlying operating profit
August 04, 2023 02:14 AM AEST| By InvezzRolls-Royce Holdings plc (LON: RR) ended nearly 5.0% up on Thursday after reporting a more than five-fold year-on-year increase in its H1 underlying operating profit. Rolls-Royce saw a massive improvement in margins That metric, as per the press rele...
Unity stock inches up despite a Q2 loss: find out more
August 03, 2023 08:21 AM AEST| By InvezzUnity Software Inc (NYSE: U) just lifted its outlook for the full year. Shares are up roughly 7.0% in after-hours trading. Unity stock up on strong Q2 results It was the strength in its recently concluded quarter really that delivered confidence to t...
CVS no longer sees earnings growth next year: ‘it’s not an earnings story’
August 03, 2023 03:26 AM AEST| By InvezzCVS Health Corp (NYSE: CVS) is up 5.0% this morning after reporting its financial results for the second quarter that topped expectations. CVS forecasts weakness moving forward On the downside, though, the healthcare company said it now expects to co...
Should you buy Ferrari stock on raised full-year outlook?
August 03, 2023 02:10 AM AEST| By InvezzFerrari NV (NYSE: RACE) says demand for its luxury-sports vehicles remained strong in recent months and helped drive a beat on earnings in its second quarter. Notable figures in Ferrari Q2 financial update The automotive stock is roughly flat today &...
Antofagasta expects copper production to slow down in H2
July 20, 2023 02:54 AM AEST| By InvezzAntofagasta plc (LON: ANTO) ended slightly down on Wednesday after trimming its full year outlook for copper production. Why did the miner lower its guidance? The miner now expects to produce between 640,000 tons and 670,000 tons of copper this year....
Masimo stock tanks 25% on disappointing preliminary Q2 results
July 19, 2023 02:01 AM AEST| By InvezzShares of Masimo Corp (NASDAQ: MASI) are down 25% this morning after the medical technology company reported a broadly disappointing preliminary results for its fiscal second quarter. Masimo stock down on a big hit to revenue The California-based com...
DocuSign CEO on Q1 earnings: ‘we are well-positioned for future’
June 09, 2023 07:46 AM AEST| By InvezzDocuSign Inc (NASDAQ: DOCU) jumped 10% in extended trading on Thursday after reporting market-beating results for its first financial quarter. DocuSign stock up on strong guidance Investors are rewarding the stock also because the management issued u...
